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A coming crisis of legitimacy?

A coming crisis of legitimacy? REM ARK S TO A SVERIGES RIK SB AN K C ON FEREN C E ON RETHIN K IN G THE C EN TRAL B AN K ’S M AN D ATE STOC K HOLM 3 -4 JUN E 2016 D AVID ARC HER (HEA D, CEN T RA L BA N K I N G ST U DI ES , B I S A N D SECRETA RY TO...

Finansiell stabilitet 2001:1 Artikel 1 Ökad finansiell stabilitet genom internationella standarder

                    ⁄      För att i möjligaste mån undvika att programvarufel ger allvarliga konsekvenser för den egna banken och för betalningssystemet är det av betydelse att bankernas IT-avdelningar...

Artikel: Independence and the scope of the central banks mandate by John B. Taylor

I n d e p e n d e n c e a n d t h e s c o p e o f t h e c e n t r a l b a n k ’ s m a n d at e ?96 Independence and the scope of the central bank’s mandate John B. Taylor* The author is the George P. Shultz Senior Fellow in Economics at the...

Finansiell stabilitet 2001:1 Artikel 3 Operativa incidenter i banksystemet - två exempel

                    ⁄     sektorn och den procykliska inverkan som banksektorn i sin tur ris- kerar få på samhällsekonomin. Sådana problem kan delvis hante- ras inom ramen för Baselförslagets andra pelare, den...

Whither Central Banking?

1 Whither Central Banking? By C.A.E. Goodhart Financial Markets Group London School of Economics 2 3 Table 2 Generally Accepted Myths pre 2007 (i) Price stability, plus Basel CARs, would guarantee solvency; (ii) With solvency thus guaranteed,...

Central bank governance

Central bank governance Svein Gjedrem Stockholm 2 June 2016 1 What makes a good institution? 1. clear objectives 2. tools and competence to meet these objectives 3. accountability 4. designed to reflect history and experience Source: Sir Mervyn...

Why central banks should care about fiscal rules

109S v e r i g e S r i k S b a n k e c o n o m i c r e v i e w 2016:3 * I thank Jesper Lindé for comments. This is based on comments I made at the Sveriges Riksbank's conference “Rethinking the Central Bank's Mandate”, June 2016. Why central...

A coming crisis of legitimacy?

A c o m i n g c r i s i s o f l e g i t i m A c y ?86 A coming crisis of legitimacy? David J. Archer* The author is Head of Central Banking Studies at the Bank for International Settlements, and Secretary to the Central Bank Governance Group 1...

Finansiell stabilitet 2008:1 Artikel: Likviditetsrisk i banksystemet

81 F IN A N S IE L L S T A B IL IT E T 1 / 2 0 0 8 L IKVIDITETSRISK I BANKSYSTEMET■ Likviditetsrisk i banksystemet Under höstens och vårens fi nansiella kris har likviditetsriskerna i det fi nansiella systemet gjort sig påtagligt påminda. När...

From unconventional monetary to unconventional fiscal policies

69S v e r i g e S r i k S b a n k e c o n o m i c r e v i e w 2016:3 * The opinions expressed in the article are those of the author and do not necessarily coincide with those of Banco de Portugal or the Eurosystem. From unconventional monetary...